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Anything can happen, but this buyout thing can easily be nullified if either party has issues with due diligence
So the SEC would have to have some strong evidence that this whole thing was fraud, then they would temp.suspend. to put in grays, they would kill everyone here with that move. I personally, do not see something that obvious here, but i am not the SEC. I bought more today praying otherwise
If this doesn't go right, I may have to go back turning tricks....
Spoke too quick???
Those 50's sure are looking good now. The hard part is making sure not to flip this
This is a short term hold at the least..... all thst dumping was just for someone with the right connections getting a good price. This will rebound to where it was weeks ago minimum...
you're kidding,.........right?? people sold because the price didn't love up?? it moves down on good news, vice versa on bad news. this is the pinkies, it moves where someone other than you or me wants it, and they usually have their own agenda regardless of what we think or feel...........
buddy, I bought 800g today in 3 trades, others probably did too. that math theory doesn't really work............
agreed, they were trying to buy this as low as possible, the MM's buried this on purpose. Someone probably has a major amount of shares and got them cheap. This will go up tomorrow or soon after that in my opinion, so I bought another 800g's today...........it's a crap shoot, but I an going on my hunches........ see you guys on the other side hopefully..
For every buy there is a sale? Sure, how bout if one person is buying everything everyone is selling? Then, whatever is left he has to pay .08 for. Then all obligations are met and company ownership is there..... remember, someone already owns 510 mill of the authorized and 75% of the entire outstanding... we will see soon enough..
How do you figure 51%???? If you read the quarterly, 510 mill was given to someone about tjis time last year, and look at the volume up until the last month
Zilch..... so, somebody took those 510 mill amd have been buying all month if you look at the volume. The float is 520 mill, but oustanding in 720 mill. So add the 520 mill and all the recemt buying, and you' lll see someone wants this company, and is willing the pay for it and give whatever he doesn' t have to.us at .08 per share. Maybe this person realizes whatever is left( lets say 100 grand x .08 ) is nothing at this point in time. You guys spend more than that on vacations. So this whole crazy thing maybe a well thought out plan and if I had more funds, I would hedge my bets, but I don't. When i see almoat half mill on the bid, you know something is up........
Half mill on the bid, somebody wants to be in before friday for sure...... wonder what happens if you sell your shares on Monday? Do.you get to vote but receive no share increase?
Until that bid moves up, I am not excited as yet
it does make you wonder........if the debt settlement was for one person or entity, and this entity is buying all they can now, then they essentially control the outstanding shares( and it could be the same group that's buying the company. Think how amazing that would be, you are buying up all you can now while you already were given over 500 mill, then what's left for others to buy like you and me, that available float is so small that the price keeps going up because of this amazing news. Then when they are supposed to pay out .08 per share, they have to pay out very little cause they own the float, they will be just paying themselves so to speak. Then they start dumping at .08,.07.,.06, etc. and make a fortune dumping it back in the market. And this price is the best in 5 months, which was basically just off the 52 weeks low. So my take is, someone wanted his stock for as little as possible for some reason, and will tell these MM's to help make that possible. Remember, MM's work for the company, not for us, especially here in pinkies. They will do as told to do or being paid to do, what happens to us is not their concern. The next day or so will tell lots, either we start heading up because of the latest news, or we continue to plunge and someone will buy all they can..................JMHO of course.....
all I know is that there will be a lot of volume this week if that deal is valid. Even if the 510 mill they issue for debt settlement is valid, there still is about 100 mill more worth of shares.....how that debt settlement offer of 510 mil gets figured out in all this is another story unless the debt settlement was too the same people last year, I didn't see that clearly enough....
we will all know by Monday.........
unless it was a total pump and dump, no. But if there was another agenda or any truth to the news, then yes.............
Sometimes MM's will delay buys or sells to give a different impression of what the real market should be doing, it's easily done in pinkie land. I am hoping they were driving the price down with only showing sells so someone can buy low. If you look, there is alot of volume under 8, so maybe the direction was as much as can be taken below that level. This would never happen on the big boards. I was lucky in my opinion, so uf all the buys were delayed until days end( which would explain the bottom of .062 and the close of .079), then Monday should see a pop. There would be no reason to buy this low and then do this again on Monday in my opinion, we' ll see soon enough......
Nick. First, thats 90,000, not 1 mill. Second, there are no after hours trading in pinkies. MM's might have held back those trades earlier to bring the price down, and then had to show them to balance the days trading, which will be good for monday....
hopefully, I put in a trade at .008 in the morning and turned off my phone. When I turned it back on, my trade executed, and to my dismay, was down even more( should've done .007 instead). I was going to find an exit plan by days end and got busy, so was stuck over the weekend with 600k shares, So, I saw how the day ended and seem to find a glimmer of hope in that, BUT will be worried until it gets over .01.....
of course it's not, but it can be. Once he has increased the a/s, the they can increase the o/s and float. He can also use those shares for dilution............nothing good about a 400% increase unless it's specifically spelled out, which it's not..........
js, it won't be running next week, you can bank on it............
any ideas on how next week plays out?? since this went up 300% after the "announcement", I knew a retrace was inevitable. retracement though seems done, maybe this thing will fly,..........
Trust me. This crap goes on all day long, especially with pinkies. You'll see something like a retractment, .08 rubbles per share instead of .08 per share US, our due diligence turned up something we did not see earlier..etc. If this was real, this stock price would have gone up every hour since news hit. The stock price is an indicator of what the real story is here..
earnings out,............no problems there,........makes today good I would think.
no sweat here, cause I did not buy the hyped up price this morning like others did.............
who knows, but what I do know is what you said isn't what was mentioned........ try to interpret whatever you want out of this to make yourself sleep better, but don't start telling people you know whats happening next, especially when you are wrong.....oh yeah, forgot to mention .....misleading.....
wrong, wrong, and wrong again. That will never happen and was never mentioned
After completing its due diligence the Board is pleased to recommend that the shareholders accept the said offer to purchase. The secretary of the corporation shall instruct the transfer agent to forward proxy voting forms to all shareholders of record prior to July 18, 2014
forms will be mailed out, nothing more will happen at that time, anyone saying otherwise is just guessing at best...
slow morning, mentally I mean........I will catch up sooner than later
when what happened??? kinda new to this stock,.sorry..
yeah, well, anything that sounds that good, usually isn't...that's how I have played it and rarely regretted it......to each thine own............
then, you are good, the ones that bought earlier are probably dying right now............
dream on buddy, just watch the scam and dump.......don't always believe what you read...........
dead cell....no one makes a public offer 8x's what it is trading now,...no way,........no how.....especially using the words bonafide. Watch this today, suckers will jump in thinking that's what they will be getting and then it will drop like a bowling ball off the roof..........look at premarket, up already on 200 shares,................wow
either today was the end of the correction abuse and we'll something positive from here forward, or it was just an adjustment and more abuse tomorrow..............we'll see soon enough......
sold half the other day at 28, was wondering if I made a mistake. Had to buy a mill of 20's this morning,........."GOOD TRADE" like my indian friends used to say
justwin,...it HAS to go up, there's no other direction it can go...............
what uptick are you referring to??? it has gone down 2 straight days............
greener grass, how in Gods green earth do you know that shares were scooped up some group of traders?? it could have been half a dozen other things.........what DID happen is it closed down AGAIN on high volume, so that there is the big real picture, the rest is a bunch of people making wild guesses on what is really happening when they have no clue what is really happening..........
oops, sorry for the dupilicate..........
they said the same thing when it was 8 x 9, and someone will say it again at 4 x 5. This really is a scam, no water, no PR, no nothing..........nothing but cheerleaders wanting everyone to do just what they want to benefit themselves. So sad for newer investors that didn't see this coming but read the chat room boards,......glad I dumped at 10
man, I was expecting 15's today for close. If this is how this is going to go here forward, I gotta get outta here fast............
ok, I am now officially in, OMG,..............where am I going with this?? hopefully up................and what was that 14 x 15 head fake there?????????????